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Quantum Helium Limited announced on 26 November 2025 the issue of 338,171,359 new ordinary shares to certain service providers. These shares are priced at 0.0243 pence each and are in lieu of cash payments for services rendered. Application will be made for admission to AIM, with dealings expected to commence on 2 December 2025, resulting in total voting rights of 33,318,730,055 Ordinary Shares.
| Date | 26 Nov 2025 |
| Time | 07:01:00 |
| Category | Capital structure |
| ID | 0665J |
26 November 2025
Quantum Helium Limited
("Quantum" or the "Company")
Quantum Helium Ltd (AIM: QHE), advancing helium, hydrogen and hydrocarbon projects in the USA, announces the issue of new ordinary shares of no par value in Quantum (the "New Ordinary Shares") in respect of certain consultants' remuneration.
Quantum will issue 338,171,359 New Ordinary Shares to certain service providers in lieu of cash payments for services rendered, with the objective of conserving the Company's cash reserves.
The New Ordinary Shares will be issued at a price of 0.0243 pence per share, being the five-day volume weighted average price of Quantum shares on AIM immediately prior to the AGM on 10 November 2025, being the same price as the recent issue of shares to Directors of the Company.
Admission to AIM and Total Voting Rights
Application will shortly be made to the London Stock Exchange for the New Ordinary Shares, which will rank pari passu with the Company's existing issued ordinary shares, to be admitted to trading on AIM, with dealings expected to commence at 8.00 a.m. on 2 December 2025.
Following the issue of the New Ordinary Shares, the Company's share and total voting rights will comprise 33,318,730,055 Ordinary Shares of no par value and the Company does not hold any shares in treasury
Enquiries:
|
Quantum Helium Limited Carl Dumbrell Chairman
|
NOMAD and Joint Broker SP Angel Corporate Finance LLP Stuart Gledhill / Richard Hail / Adam Cowl +44 (0) 20 3470 0470 |
|
Brand Communications Alan Green Tel: +44 (0) 7976 431608 |
Joint Broker CMC Markets UK Plc Douglas Crippen +44 (0) 020 3003 8632 |
Updates on the Company's activities are regularly posted on its website: www.quantum-helium.com
Notes to editors
Quantum (AIM: QHE) is a helium, hydrogen and hydrocarbon exploration, development, and production company with projects in the US and Australia. Quantum's strategic objectives remain consistent: to identify opportunities which will provide operating cash flow and have development upside, in conjunction with progressing exploration. The Company has several projects in the US, in addition to royalty interests in Australia.
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